Swedbank AB Sells 17,331 Shares of H World Group Limited Sponsored ADR $HTHT

Swedbank AB cut its stake in H World Group Limited Sponsored ADR (NASDAQ:HTHT) by 27.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 46,569 shares of the company’s stock after selling 17,331 shares during the period. Swedbank AB’s holdings in H World Group were worth $1,821,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. USA Financial Formulas purchased a new position in shares of H World Group in the 2nd quarter worth about $28,000. Hantz Financial Services Inc. lifted its position in H World Group by 575.7% in the 2nd quarter. Hantz Financial Services Inc. now owns 1,446 shares of the company’s stock worth $49,000 after buying an additional 1,232 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in H World Group by 81.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,450 shares of the company’s stock worth $49,000 after buying an additional 649 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in H World Group by 82.2% in the second quarter. PNC Financial Services Group Inc. now owns 2,146 shares of the company’s stock worth $73,000 after buying an additional 968 shares in the last quarter. Finally, Osaic Holdings Inc. grew its position in H World Group by 889.5% during the second quarter. Osaic Holdings Inc. now owns 2,266 shares of the company’s stock valued at $77,000 after acquiring an additional 2,037 shares during the last quarter. Institutional investors own 46.41% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. Hsbc Global Res upgraded shares of H World Group from a “hold” rating to a “strong-buy” rating in a report on Monday, October 27th. Benchmark boosted their price target on shares of H World Group from $48.00 to $52.00 and gave the stock a “buy” rating in a research note on Tuesday, November 18th. HSBC raised H World Group from a “hold” rating to a “buy” rating in a research note on Monday, October 27th. Zacks Research raised H World Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 7th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of H World Group in a report on Monday, December 22nd. Two analysts have rated the stock with a Strong Buy rating and five have assigned a Buy rating to the company’s stock. According to data from MarketBeat.com, H World Group currently has a consensus rating of “Buy” and an average price target of $42.13.

H World Group Price Performance

HTHT stock opened at $48.48 on Friday. The company has a current ratio of 0.85, a quick ratio of 0.84 and a debt-to-equity ratio of 0.32. The firm’s 50-day moving average price is $44.47 and its two-hundred day moving average price is $38.43. The stock has a market capitalization of $14.93 billion, a price-to-earnings ratio of 27.86, a PEG ratio of 1.37 and a beta of 0.12. H World Group Limited Sponsored ADR has a 12-month low of $30.13 and a 12-month high of $49.49.

About H World Group

H World Group, formerly known as Huazhu Group, is a leading hotel management and franchising company primarily serving the China market. The company operates a broad portfolio of midscale to luxury hotel brands, including Hi Inn, Blossom, Manxin, Madison International, Joya, Grand Mercure, Novotel, Mercure and ibis. Through a network of both directly managed and franchised properties, H World Group caters to business and leisure travelers by offering consistent service standards and loyalty benefits across its brands.

In addition to its core hotel operations, H World Group provides technology-driven hospitality solutions such as centralized reservation systems, revenue management platforms and customer relationship management tools.